Do I need a Grant of Probate?

Do I need a Grant of Probate ¦ Wheelers Solicitors Newport Isle of Wight | Lewis Wheeler“Do I need a Grant of Probate?” is one of the most common questions we hear at Wheelers Solicitors after a loved one has died.

It can be confusing when there is a valid Will in place but some organisations are asking for a Grant of Probate and some are not.

A person’s Will appoints their executors but a Grant of Probate is the key that unlocks their authority

A person’s Will appoints people to be their Executors. These people have the legal authority to administer the Estate and their appointment starts at the date of death. Whether or not they will need to obtain a Grant depends on the type of property that the deceased owned.

“But do I need a Grant of Probate?”

To dispose of personal items like the deceased’s car and the contents of their house no further documentation is required. With regards to closing the deceased’s bank accounts then it depends on the policy of the individual bank as to whether a Grant is required. In general, if the balance is higher than £5,000 then the bank is likely to require a Grant.

If the deceased owned a flat or house or any shares then a Grant will definitely be required. This is because this kind of property has a registered Legal Title.

How can Wheelers Solicitors help?

The answer to the question: Do I need a Grant of Probate? – Is it depends.  We offer a free initial consultation to all new clients.  At this meeting we will be able to advise you whether obtaining a Grant of Probate will be required. We can also help you with all aspects of administering the Estate.

Wheelers Solicitors can fully support you in all stages of administering an estate and applying for the Grant of Probate. We will take the time to fully explain the process to you. If you would like to arrange an appointment to discuss this, please phone the office on (01983) 533938 or contact us here.

 

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